EUR/JPY has taken on a somewhat firmer tone after ADP came in close to expectations. US equities have trimmed their modest overnight losses and are just barely negative versus fair value at the moment.

Good offers are seen in the 115.60/80 area near-term in EUR/JPY while bids are seen in the 114.00/20 region.

EUR/JPY has drifted up with EUR/JPY and is now consolidating losses at 1.2850.